HYDERABAD: Even as the stress on alternative fuels for power generation continues, two city-based power generation companies have embarked upon setting up power generation plants based on poultry waste.

The companies -- PSR Green Power Projects Ltd and SLT Power & Infrastructure Ltd -- are gearing up to set up 7.5 mw and 3.5 mw plants respectively that are expected to start working next year.

Managing Director of SLT Power & Infrastructure G. Vijay Bhaskar Reddy said the company's plant was in advanced stages of completion. The plant involving a capital expenditure of Rs. 4.5 crores a mega watt and utilising 100 tonnes of poultry waste every year had been approved by the United Nations and the company had secured approval for selling 50,000 units of CERs (certified emission reductions).

Awaiting approvals

Managing Director of PSR Green Power Projects P.S. Rao said the company was awaiting approvals for commencing work on the 7.5 mw project.

They were participating in a meeting convened by EcoSecurities, a leading developer and trader of carbon credits in the global emission reduction market. EcoSecurities director Pranav Nahar said the company was eyeing the mature Indian market where there was good investment climate for external capital in the sector.

Though there were several opportunities in the sector, the market was consulting-driven rather than transaction-driven.

Coupled with this was unrealistic expectation. He wanted the companies to chose their clean development mechanism partner with proven track record and select companies that had secured an international registration.

Kyoto Protocol

On the international scenario, he said the 2012 deadline for Kyoto Protocol would not mark the end of carbon trading as the demand by that time was likely to increase significantly.

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